Housing Market 2024 Canada Predictions. After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the canadian housing market could be in for a rebound in 2024. Some 468,900 residential properties are forecast to trade hands via canadian mls® systems in 2024, a 5.2% increase from 2023.

Canada’s housing market is “starting to turn a corner,” the country’s national real estate association says. Experts make housing market predictions for 2024 in canada, including whether it’s a good time to buy a home.